Budget 2023: Consumers expect change in income tax exemption limit, says survey
A significant number of people are hoping for an increase in the income tax exemption limit. Two-thirds also want to see an increase in the tax rebate for investments under 8
In an era of layoffs, economic slowdown and geopolitical turbulence, Indians have continued to remain cautiously optimistic about the upcoming Budget. According to a recent survey by marketing data and analytics firm Kantar, one in four Indians is concerned about the threat of job layoff while three out of four are worried about rising inflation. Half of them believe that the country's economy will grow in 2023, even as some voice concerns about the global economic slowdown and a potential resurgence of COVID-19.
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